I am trying to understand the financing aspect of long-term care. Specifically, I want to know which source provides the most funding for LTC. Is it government programs, private insurance, out-of-pocket payments, or some other means?
5 answers
Lucia
Thu Dec 05 2024
Medicaid plays a pivotal role in the funding of long-term care (LTC) in the United States.
CherryBlossomFalling
Thu Dec 05 2024
It is a government-sponsored program designed to assist individuals with limited income and assets.
Davide
Thu Dec 05 2024
The program's main objective is to cover medical costs for those who cannot afford them on their own.
Nicola
Thu Dec 05 2024
For many people, Medicaid serves as the primary source of funding for LTC services.
StormGlider
Wed Dec 04 2024
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